WASHINGTON: President Joe Biden said Monday he does not expect the United States suffer an economic downturn, although GDP figures due later this week may show the economy shrinking for a second consecutive quarter.“We’re not going to be in a recession in my view,“ Biden told reporters.Citing strong employment figures, the president said he hoped instead for a soft landing where “we go from this rapid growth to steady growth.”Multiple US officials have downplayed rising recession fears, saying a downturn in the world's largest economy is unlikely given the very tight labor markets.Recent figures suggest GDP might have fallen in the second quarter, following a 1.6 percent decline in the first
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